TreeHouse Foods Acquires Harris Tea Business for Approximately $205 Million

Investindustrial Completes Take-Private Acquisition of TreeHouse Foods

February 13, 2026

Food & Beverage

Investindustrial completed its previously announced, all-cash take-private acquisition of TreeHouse Foods in a deal valued at $2.9 billion enterprise value, plus the value of contingent value rights tied to ongoing litigation. TreeHouse Foods shareholders of record at closing will receive $22.50 per share in cash and one non-transferable contingent value right per share, and TreeHouse Foods will no longer trade on the New York Stock Exchange.

Royal Cup Coffee and Tea to Acquire Farmer Brothers Coffee Co.

March 13, 2026

Food & Beverage

Royal Cup Coffee and Tea entered into a definitive, all-cash agreement to acquire publicly traded Farmer Brothers Coffee Co. for $1.29 per share, valuing the deal at about $28 million. The transaction is expected to close in the second quarter of 2026, subject to shareholder approval and other customary closing conditions.

SBJ Capital Acquires Rishi Tea & Botanicals

February 17, 2023

Food & Beverage

SBJ Capital completed an acquisition investment in Rishi Tea & Botanicals to accelerate the specialty tea brand’s growth and expand its channels and product capabilities. Graycliff Partners provided a unitranche debt facility and made a minority equity investment in support of the transaction; Rishi’s existing management team, including founder and CEO Josh Kaiser, remains in place.

Trive Capital and Crux Capital Take Minority Stake in HTeaO

January 10, 2023

Restaurants & Hospitality

Dallas-based private equity firms Trive Capital and Crux Capital acquired a minority stake in HTeaO, the Fort Worth–headquartered drive-thru iced tea franchisor. The investment will support geographic expansion, speed unit growth (HTeaO has 68 operating locations and 426+ franchise licenses awarded), and add board representation for Trive and Crux to accelerate franchising and technology initiatives.

Hydrofarm Acquires House & Garden

May 24, 2021

Agriculture

Hydrofarm Holdings Group, Inc. agreed to acquire House & Garden, Inc. and affiliated entities for approximately $125 million, funded with existing cash, with the acquired businesses becoming wholly owned indirect subsidiaries. The acquisition expands Hydrofarm's branded nutrients portfolio (including the House & Garden and Mad Farmer brands), with House & Garden expected to generate about $55 million in 2021 net sales and the deal valuing the business at under 7x estimated 2021 adjusted EBITDA.

Urban Tea Acquires 80% of Guokui Management (Crop Circle NYC)

September 23, 2020

Restaurants & Hospitality

Urban Tea Inc. entered into a share purchase agreement to acquire 80% of Guokui Management Inc. for $400,000 in cash. The acquisition gives Urban Tea ownership of the CROP CIRCLE trademark and operations in New York City as part of the company's U.S. expansion plans into casual food and beverage.